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$1,050,000 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 3,300 Sq. Ft.
  • Updated 12 days ago
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Prime UF Investment Opportunity - 6 Income-Producing 1BR Units Just 4 Blocks from Campus! Wake up and be in the heart of campus in under 5 minutes! This rare opportunity to own six income-generating 1BR/1BA units in the highly desirable U5 zoning district is perfect for investors seeking consistent rental income and long-term appreciation. Located just four blocks from UF's Business School and caddy-corner to the Gate gas station, this property offers unbeatable walkability for students and professionals alike. Five of the six units are currently leased through July 2026, providing immediate and stable cash flow. One unit is currently vacant-ideal for a new owner to renovate or lease at market rate. Whether you're expanding your portfolio or making your first leap into student housing, this property checks all the boxes: location, zoning, and income. Don't miss this rare multifamily gem in one of Gainesville's highest-demand rental corridors. All units have parking and additional parking spaces to sell!

Full Property Details for 1401 NW 5th Ave

General

  • Price: $1,050,000
  • Taxes: $9,296 (2024)
  • Status: Pending
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: GC533421
  • Updated: 3/21/2026
  • Added to Site: 227 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s)

Exterior

  • Exterior Features: Other

Location

  • Area: 32603 - Gainesville
  • County: Alachua
  • Development Name: 32603 - Gainesville
  • Subdivision: BROWN B W
  • Driving Directions: From I 75 Head East on Newberry road to W University Avenue. Make a left on NW 15th street. Turn Right on NW 5th avenue. Right across from the Legacy at the Standard and caddy corner to the Gate station

Community

  • Community Name: 32603 - Gainesville

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Wall Units / Window Unit

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Public

Structural Information

  • # Buildings: 1
  • Exterior Const.: Block
  • Roof: Shingle
  • Square Feet: 3,300
  • Sq. Ft. Source: Public Records
  • Year Built: 1959

Lot Features

  • Lot Size (Acres): 0.27
  • Lot Size (Sq. Ft.): 11,761
  • Lot Size: 11761
  • Street/Road Desc.: Asphalt

Financial Considerations

  • Tax Amount: $9,296
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Other
  • Special Conditions: None
  • Legal Description: B W BROWN PLAT PB A-29 N 100 FT OF E 118 1/2 FT OF LOT 1 BK 6 OR 2781/0625
  • Flood Zone Info: X
  • APN: 15197000000
  • Property ID: 15197000000

Listed by Cornerstone Realty & Management Services Llc

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Listing agent

— 1401 NW 5th Ave —

  • Cornerstone Realty & Management Services Llc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1401 NW 5th Ave

School District:Alachua County School District
NameGradesDistance
Caroline Beatrice Parker Elementary
1912 Northwest 5th Avenue, Gainesville, FL 32603
K-50.6 mi
Westwood Middle School, Gainesville, FL
3215 Northwest 15 Avenue, Gainesville, FL 32605
6-81.9 mi
Gainesville High School
1900 Northwest 13th Street, Gainesville, FL 32609
9-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1401 NW 5th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/05/2026
Price Reduced
$1,050,000
-10.64%
MLS
11/28/2025
Price Reduced
$1,175,000
-6%
MLS
11/04/2025
Price Reduced
$1,250,000
-7.41%
MLS
8/19/2025
Listed
$1,350,000
0.33%
MLS
11/01/2022
Sold
$1,345,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1401 NW 5th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$45,237
-20%
$517,904
2%
2023
$56,285
21%
$506,045
44%
2022
$46,347
462%
$352,238
21%
2018
$8,249
—
$290,045
-1%
2018
$8,249
—
$292,189
-1%
2018
$8,249
-12%
$294,334
-24%
2019
$9,381
10%
$385,186
-11%
2018
$8,499
1%
$433,500
-4%
2017
$8,412
22%
$452,500
56%
2016
$6,887
1%
$289,400
3%
2015
$6,844
-1%
$281,600
-1%
2014
$6,933
-1%
$283,100
-1%
2013
$6,991
—
$284,600
—
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Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Cornerstone Realty & Management Services Llc

1401 NW 5th Avenue, Gainesville, FL 32603 (MLS# GC533421) is a Single Family property with 0 bedrooms and 0 full bathrooms. 1401 NW 5th Avenue is currently listed for $1,050,000 and was received on August 19, 2025. Want to learn more about 1401 NW 5th Avenue? Do you have questions about finding other Single Family real estate for sale in Gainesville? You can browse all Gainesville real estate or contact a Coldwell Banker agent to request more information.

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